· We facilitate online dating merchant solutions including online dating payment getaways, online merchant accounts, and online dating credit card processing. You can get your payment getaway, and credit card processing instantly when you use our services · When you complete and submit your application for your dating merchant account, you will go through a compliance process. Keep in mind that the underwriters need to examine your website in order to check whether it’s not a front for another business, such as an escort or even a prostitution service (which is illegal).Author: Sandra Wróbel-Konior · Most of acquiring banks, payment gateway providers deny giving merchant account to Online Dating business because merchant accounts that take too much charge-backs are a higher risk for them. Stability: Online dating Industry has instability issues that makes it high risk
Online Dating Merchant Accounts & Dating Payment Gateways | Ikajo
The new week is upon us, and so is the new article covering payment processing for the online dating sites. So, kick back and get ready to learn the quirks of online dating payment processing presented by the payment processing gurus.
This said it gets crystal clear that the online dating industry is here to stay. And these merchants will always need a payment processor. What exactly do online dating merchants expect from a PSP? Basically, we can split online dating sites into five major types:. The journey of a user on the website starts with him filling out a detailed questionnaire.
Later the system will assess the profiles on the website trying to identify and match the ones that have similar tastes, likes, dislikes, etc. Niche online dating services, online dating merchant processing.
With years passing by and online dating gaining momentum, niche online dating sites gain their popularity. Thus, for instance, Christian Dating and Christian Connection now host thousands of young people. All of them want to find a match among Christian youth. Besides, there are separate online dating sites for Star Trek fans, pet lovers, and bookworms no kidding!
Preference online dating services. This type of online dating services is based on your preferences. This goes for all kinds of preferences including sexual, religious, political, etc. All you have to do to use such a site is to fill out a questionnaire and search for profiles with similar preferences. Event sites. Verified users can create events and invite others to join online dating merchant processing. Personals online dating sites, online dating merchant processing. These sites are typically search-based sites that allow each user to search for specific criteria and get a list of matching profiles, online dating merchant processing.
And users can edit the information before every search. There truly is a huge number of available online dating sites to match different expectations and preferences. This means that there is a great number of merchants that are looking for payment processors to online dating merchant processing them run their business.
Since online dating sites are ubiquitous and international, they unite people from all over the globe. As a result, these people pay using different local payment methods they find the most convenient. To know which methods are expected one has to explore the geo of his target audience and look into popular payment methods at each location.
Here are but a few payment methods you need to bear in mind when exploring the issue: — Giropay; — WeChat Pay; — Apple Pay; — PayPal; — iDebit; — Google Pay; — MolPay; — Qiwi; — Sofort; — Skrill; — Boku; — Astropay; — WebMoney; — Paysafecard; — Webang, etc. Direct Carrier Billing. It is a known fact that this is by far one of the most popular payment methods with online dating users.
It goes right after credit cards and local payment methods. DCB is a key to the increased security of mobile payments which is vital to the credibility of the merchant in the eyes of online dating merchant processing users. As a result, with DCB the likelihood of chargebacks and fraudulent activities is pretty low. However, there is the other side of the coin. To provide the merchants with it one has to spend tons of time and effort. Premium SMS methods.
Another excellent online dating merchant processing of paying for the services that has proven to be much loved by the users. It works across operators and online dating merchant processing best for microtransactions. All one has to do to pay for goods and services using Premium SMS method is send a premium-rate text message. The amount will be instantly charged from his mobile account.
Mobile billing. Mobile billing is the new black in online dating. Implementing mobile payments translates into increased traffic and conversion rates for the merchants. Because it is fast and simple. And also think about this: since we tend to use cell phones for texting on online dating sites, it is only logical to offer payment methods that require the same cell phone to pay for these services. So, by offering this payment method, the merchant directly impacts his revenue.
Bitcoin payments, online dating merchant processing. Since Bitcoin is here to stay, online dating merchant processing, it is only wise to offer the end users a chance to pay for the services with it, online dating merchant processing. So why depriving them of such a pleasure? Recurring billing. Since most of the online dating sites use the subscription modela PSP willing to be relevant to these merchants has to offer this payment method. Bear in mind that recurring billing comes with multiple retry options, smart routing, and soft declines management.
Rich choice of card types. TO cover all the bases, online dating merchant processing, you need to offer a wide selection of card types. Go for Visa, Mastercard, American Express, Diners Club, and Maestro. And if there is anything specific to your own audience, add that to the list, too. These are the key features every online dating merchant wants to see in a payment processor. Here at Ikajo International, we guarantee to live up to these expectations.
For more professional insights on niche payment processing subscribe to our blog! Thanks for this overview. Is Sofort even possible for dating businesses? The acceptance of the payment methods depends fully on the website owners. We, as a payment service provider, only provide merchants a choice of the payment solutions that they use to accept payments from the clients. Online dating merchant processing my name, email, and website in this browser for the next time I comment, online dating merchant processing.
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Yuliia Mamonova. Online dating sites types Basically, we can split online dating sites into five major types: Matchmaking websites, online dating merchant processing. What online dating merchants expect from a payment processor Various local payment methods.
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· We facilitate online dating merchant solutions including online dating payment getaways, online merchant accounts, and online dating credit card processing. You can get your payment getaway, and credit card processing instantly when you use our services · When you complete and submit your application for your dating merchant account, you will go through a compliance process. Keep in mind that the underwriters need to examine your website in order to check whether it’s not a front for another business, such as an escort or even a prostitution service (which is illegal).Author: Sandra Wróbel-Konior · Most of acquiring banks, payment gateway providers deny giving merchant account to Online Dating business because merchant accounts that take too much charge-backs are a higher risk for them. Stability: Online dating Industry has instability issues that makes it high risk
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